Dwarka Expressway Gurgaon – A Promising Realty Markets in NCR
Feb16

Dwarka Expressway Gurgaon – A Promising Realty Markets in NCR

Dwarka Expressway Gurgaon is rapidly emerging as a potential Real Estate investment destination. In the recent years this region has taken up a notch to being one of the most promising destinations to invest in real estate. With the IT and Corporate sectors close by, it has given better values on return on investments (ROIs) on commercial properties. Dwarka Expressway Gurgaon offers lucrative offers to home buyers too with premium residential projects launching every week. Infrastructure You Can Count The varied price range promises residences for both luxury and mediocre buyers. The infrastructure in Dwarka has shown a tremendous improvement in the last few years with improved roads and connectivity, availability of schools, hospitals, and banks in proximity of the residential complexes and a plethora of entertainment options including malls and restaurants. With improved roads and public transport like the Metro Rail, people can easily commute between Gurgaon, Delhi, NOIDA, Ghaziabad and other NCRs. The Dwarka Expressway Gurgaon is a marvel of speedy development in the region. No wonder, buyers and investors alike are investing in properties here. Furthermore, the rising cost of the Dollars and the depreciating value of the Rupee have attracted several NRIs and foreign investors to grab a large chunk of residential and commercial properties in Gurgaon- Dwarka region. This has resulted in an exponential growth of the Realty market here. Present Scenario of Dwarka’s Realty Sector The Dwarka Expressway offers several perks. For instance, it shares proximity with the IGI Airport and has a Metro Station for easy commuting. Sector 106 along the Dwarka Expressway is rapidly emerging as an urban area, with robust social and civic infrastructure. It has a good collection of schools and hospitals, indicating that this region is adept for residential living. This sector offers cheaper land and property prices as compared to Gurgaon and yet offers premium quality living, with open green spaces and spacious apartments. The cost of a 2, 3 or 4 BHK apartment in Dwarka ranges between Rs. 45 Lakhs to 1 crore, which is comparatively lowers as compared to the soaring property rates in Gurgaon- the basic cost of a 1 BHK starting at Rs. 50 Lakhs. Also, the payment plans offered by builders are lucrative. The buyers need to pay 15% of the total property cost upfront when they book the apartment and they can pay the balance amount in easy installments which is spread over a span of 15-20 months. The posh area of Sector 106 includes the premium neighborhoods of Shanti Nagar and Vasant Vihar, which boast of all the modern amenities and facilities that is needed for good and healthy living. One...

Read More
Real Estate India: What To Expect In 2015?
Feb14

Real Estate India: What To Expect In 2015?

The real estate market of India has seen a lot of improvement in the past years, especially along the areas of Bangalore and Delhi. This growth has been due to many Non-Resident Indians (NRIs) making investments in the Indian Real Estate market. They have seized the opportunity and NRIs from Malaysia and Middle East countries have stormed the metropolitan cities of India, especially in the residential segment.  In 2014 Bangalore and Chennai witnessed the highest demands, with NRIs investing heavily in these real estate markets. Bangalore has been well known for its development in the field of IT and Infrastructure and it continues to prove as the leader in the country. Chennai also saw its fair share of real estate market profits with new projects launching and getting sold very quickly. The market may not have boomed as much as Bangalore, but it was second in terms of the entire country. However, there have been newer project launches towards the end of 2014, which was true in case of every metropolitan city. There is also a backlog of property from 2014 as we head into the New Year 2015. The year 2014 had witnessed delays in projects clearance and funding. Many projects which should have started in the middle of the year were forced to start near the year’s end because the important paperwork was not approved in time. However, there were a significant amount of profits which came from the real estate market in 2014. How important is Real Estate in India? In India Real Estate plays an important role and it is not just because of housing needs, even commercial spaces are in huge demands, with foreign companies launching their offices. Here are some of the reasons why the Realty sector will move forward in the New Year. The Economic Survey of 2012-2014 period indicated that housing generates the maximum amount of employment after agriculture in India. This is a vital reason why real estate is given a heavy-duty importance in the country. The cities of Bangalore and Delhi are witnessing the growth of IT & Corporate sectors, and subsequently the need for robust residential and commercial infrastructure has become the need of the hour, for the companies to launch their business here. The building material for construction both residential and commercial complexes are provided by the country’s steel, cement, brick industries. These markets are simultaneously booming because of the infrastructural growth. India has been known to have real estate as the third best industry in the country; its effect on other industries also grows extensively when it comes to employment and revenue generation. The real estate...

Read More
10 Investment Planning Tips in Gurgaon Realty
Feb10

10 Investment Planning Tips in Gurgaon Realty

Gurgaon has been a well known spot for real estate for some time now. It has one of the most booming real estate markets in Delhi-NCR. The “Millennium City” offers a plethora of residential and commercial projects as per the buyer’s budget. For a strategic investment in Delhi-NCR region, Gurgaon realty is the top destination, with options ranging from luxurious villa or a spacious yet affordable apartment, here. But, you need to make a wise buying decision and here’s how. Investment Tip 1: Areas that will reap good Returns on Investments (ROIs) Although Gurgaon realty as a whole offers unique and lucrative investment opportunities for buyers and investors, yet there are a few areas in the “Millennium City” that will offer a higher ROI. These localities include Golf Course Extension Road, Dwarka Expressway, and Southern Peripheral Road that offer Smart Townships for housing both residential and commercial properties. The Southern Peripheral Road in particular has had a booming real estate market for the past few years with newer projects rapidly emerging. Patatudi Road is yet another great hot spot in Gurgaon, with bright investment prospects. This area is linked with the Dwarka Expressway and thus commuting to and fro Delhi-NCR is not a challenge. The Dwarka Expressway is another great option for affordable housing segment. It shares its proximity with the Indira Gandhi Internal Airport (IGI) and Gurgaon, and thus the transport system here is good, with public transport plying in every few minutes. Gurgaon realty is an upcoming hub for multi-national companies and IT, and thus several reputed developers can be found here with their top-notch residential and commercial projects. Buyers and investors can buy good residential or commercial property that promises good ROI. Investment Tip 2: The First Time Buyer First time buyers should research well before purchasing a property in Gurgaon, else the chance of getting scammed is high. Here’s a story to ponder over. A few investors had booked a 1,000 sq feet office space in a renowned commercial area, only to be disappointed in the coming times. They had paid an enrolment fee of Rs.2 Lakhs for the space in 2010, and were told that they would get a launch price of Rs. 40 Lakhs when the project would finish. However, the project didn’t take off for more than a year and the builder kept reassuring the investors, their investment had risen in great value. But, investors had doubts and wanted to pull out after 2 years of long wait, but they had signed up a bond with the investor, which would prevent them from receiving the maturity amount of Rs. 40 Lakhs. Later...

Read More
Dwarka Expressway: New Destination for Realty Investors
Jan08

Dwarka Expressway: New Destination for Realty Investors

The traditional favorite markets for real estate investment in Delhi NCR is still alive and kicking, as is clear from the interest of the builders, investors, and the buyers in these micro markets. According to industry reports, NOIDA-Greater NOIDA and Gurgaon have been giving consistent returns for previous 20 years and have remained growth engines for realty development in Delhi NCR. In Gurgaon sub micro-markets consisting of Dwarka Expressway, Sohna Road, and Sectors along NH 8 from Sector 76 to Sector and 95 are particularly the emerging hubs for real estate. The reasons for this being, Slew of upcoming infrastructural projects Large developable land availability Comparative low property prices Dwarka Expressway Dwarka – Gurgaon Expressway or the North Peripheral Road (NPR) is a project under the Haryana Urban Development Authority (HUDA). This new link is to connect Dwarka to Gurgaon via 150 m wide, 8-lane Expressway, which starts in Dwarka, Delhi and connects Gurgaon’s Palam Vihar to join NH8. The aim behind this massive development project is to ease the traffic on Delhi-Jaipur Highway. Out of the overall 18 km stretch, almost 15 km is near completion with first 14 km ready for use. As the last of the lingering bottlenecks to the development already clear, the authorities are hopeful to complete the rest by 2015. This is the widest ever State Government project at 150 meters, which connects National Highway 8 on Kherki Daula, going on to Dwarka. Of the total land area, 630 acres required for overall project development, the government has already acquired 600 acres with the acquirement of the rest in the offing. Traditionally, responsibility of major road construction lies with the government. However, in this case, developers under Credai-NCR umbrella are every step of the way with State Government for speeding up construction. Why is it the hotbed for real estate activities? First, the Dwarka Expressway is going to improve the connectivity between Delhi and Gurgaon significantly. Second, it offers a faster access to the Indira Gandhi International airport than ever before. Also, it boasts of proximity to the railway station, proposed Metro Corridor, and upcoming diplomatic enclave at Dwarka. In tandem with this development, people can expect better infrastructural growth and real estate options at affordable prices. That’s where the main interest of the investors lies. Sectors along this Expressway are going to be perfectly planned, contemporary and premium urban areas as per Master Plan-2021, Gurgaon. These are to be posh developments, posing strong competition to well-developed areas like Vasant Vihar and Shanti Niketan and by all indications lifestyles here will surely surpass ordinary! The expressway has opened avenues for urban and commercial...

Read More
NRI Investments Surge in Indian Real Estate Market
Dec21

NRI Investments Surge in Indian Real Estate Market

Coping with financial crunch, stagnancy in supply, and falling prices, real estate investment in India is rapidly gaining pace once again. The once sluggish real estate sector, witnessing slow NRI and domestic sales, is now bubbling with activity followed by relaxation of FDI norms, growing demand, and possibilities of more development and capital for new projects. As the new government has strategically streamlined umpteen real estate projects by announcing a number of reforms, it has lead to a growth in average consumer interest, of which NRIs hold a significant segment of the market. According to a recent study, the real estate sector is seeing a surge in NRI interest as well as investment as compared to last year. In major cities like Delhi – NCR, Mumbai, Chandigarh, Bangalore, Kolkata, Ahmedabad, Pune, Hyderabad, and Chennai, the overall average NRI investment is expected to rise from 18% in the last year to 35% in 2014. As per real estate experts, formation of the NDA government, increased transparency and political stability is paving way for lucrative real estate investments from NRIs. New government reforms and initiatives towards developing the real estate sector have further gained confidence with the Non-Resident Indians. The latest trend reveals Bangalore to be the most preferred destination for NRI investments in real estate, followed by Ahmedabad, Pune, and Chennai. Earlier, NRI investments were limited only to residential segment; however, this year, NRIs are looking for attractive investment opportunities in luxury residential properties as well as commercial projects. The NRIs are feeling more confident about the new government and its policies, and are waiting for lucrative investment-friendly market in different fields. Revival of the global economy is also a major contributing factor, making consumers more optimistic; who are looking to invest in real estate. Subsequently, property developers in India are primarily focusing the NRI investor base in the U.S., U.K. and Asia Pacific. For NRIs who are considering settling down in India in future, Bangalore happens to be the most preferred choice. The booming IT sector is the major reason that is driving the NRIs to invest in Bangalore real estate. On the other hand, Ahmedabad is considered as a safe investment option owing to its lenient government policies regarding NRI investment in real estate. The city has been the most stable market pertaining to demand and good absorption of both residential and commercial properties. Pune takes the third position in the list of NRIs with 30.5% expected growth rate, Chennai at 28%, and Goa with 23%. Surprisingly, Delhi bags only 21% NRI interest in terms of property purchase. Previously, Non Resident Indians had inhibitions about investing in India’s...

Read More